Siltronic (FRA:WAF) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Siltronic AG (FRA:WAFGet Free Report)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of €69.45 and traded as high as €95.75. Siltronic shares last traded at €94.60, with a volume of 21,370 shares.

Siltronic Stock Up 2.6%

The company has a fifty day simple moving average of €70.26 and a two-hundred day simple moving average of €57.26.

Siltronic Company Profile

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Siltronic AG, together with its subsidiaries, provides hyperpure semiconductor silicon wafers in Germany, rest of Europe, the United States, Taiwan and Mainland China, Korea, and Rest of Asia. It offers polished and epitaxial wafers. The company provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; Float zone/FZ, a wafer product based on the float zone method; and HIREF that offers low microroughness, and low-defect surface structure. Its products are used in computers, smartphones, industrial equipment, wind turbines, and cars with and without electric drives.

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